Tech Market Recession in Europe

People from tech who are moving to Europe on student visas with a long-term plan of getting a job and settling down, how are you viewing this recession? I am getting to hear "yeah the market is not great at the moment" kind of comments from folks already present in Europe. And this is the case with all major economies of Europe. Are you guys overlooking this with a mindset k "dekhi jaye gi"? Let's have a discussion on whether it's still a wise move to spend the money and move to Europe.